American Creek Resources Ltd V.AMK

Bring on the Stinger Shares-

[jimbo37]

One week from today is the AGM and we will know when we should get the shares- my guess is that they will start to trade around 10 cents and that AMK will drop very little once they trade free of the Stinger shares.
So this is a pretty good deal- and we still maintain the TC leverage to gold prices- wow all this for just the current 27 cents- Im fully loaded and not going to sell till we get our due.

[paydirtontario]

$0.05 to $0.10 will be a pretty good deal for a junior explorer with what should be a large chunk of cash from the AMK deal.  (Gives Stinger  them some freedom) Sounds good 

[Stockmoves1]

I cant see STINGER being much under 10.. I suspect it opens around 10 and pulls back to test the waters and a lot of us double up on our free shares.... 5cts I will load it..

[jimbo37]

Theoretically if Stinger trades at 10 cents to start then AMK should trade at 17 cents- but we know thats not likely- going to be interesting times leading up to and after the spinnoff- could have Stinger get pounded as people sell free shares or are only interested in TC- could be some wild swings and make for interesting day trading.

[Hawger1]

Stinger will not devaluate AMK.. Why would it ? 

[jimbo37]

Hawger- of course it should cut the price of AMK down on paper- but in reality the parts are going to be worth more than the whole.

[paydirtontario]

I see it as 100,000 shares of the spinout should cost between $5000, to $10,000 Already know the story and like the management and property.  all the best guys . we will be sitting in good position in 6 months .  

[paydirtontario]

I don't have Eric's money to throw a million or 3 at these plays . I do fine holding 50,000 to 100,000 shares . maybe that'll change some day ! so far I've go no Complaints with my AMK & Tudor . long 

[fairdinkem]

.10 cents will put us in the round house, we may spin a few times but there still only HOT of the press news should follow.  My time with AMK is like 13 years and my DD is intensive,, from one of my math projects here i suggested to AMK drill Dunwell not Gold Hill.  Well for their reasons they went to Gold Hill to cover the rental fees, as the same for when they got around to Dunwell

[Stockmoves1]

I added plenty myself .. just had to .. I had several stink bids in just in case someone wanted to fill my xmas stocking lol... and I totally agree we are already discounted 80% over TUD so why would we go lower?? we are getting nothing for the Stinger properties so in spite of what market makers do we know what we have here and we will take it.... its just hard to think we may have close to what